Sell NZDJPY Wedge Breakout

6月14日

The NZD/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Wedge pattern. This suggests a shift in momentum towards the downside in the coming Hours.

Key Points:

Sell Entry: Consider entering a short position around the current price of 96.70, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.

Target Levels:
1st Support – 96.17
2nd Support – 95.82

Stop-Loss: To manage risk, place a stop-loss order above 97.20. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.

Thank you.

6月14日

交易开始

6月14日

交易手动结束

As per our Rules, now sentiment Turns to Bullish so, it time to Close near to Entry or with Small Loss 🔊🔊